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Merger: Arcelor Mittal receives writ of summons

August 17, 2007 15:53 IST
Source:PTI
The world's biggest steelmaker Arcelor MittalĀ said on Friday it has received a writ of summons to appear before a Dutch court for legal proceedings initiated by Arcelor shareholders seeking an injunction against the mega merger of both the companies.

"ArcelorMittal announces that it has received a writ of summons on behalf of certain shareholders of Arcelor S A to appear before a judge in summary proceedings of the court of Rotterdam on August 22.
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The claimants are seeking an injunction against the merger of Mittal Steel SA and Arcelor SA," the company said in a statement.

"ArcelorMittal believes there are no grounds to these claims," it said and added that the steelmaker would provide further update in due course.

The Mittal Steel-Arcelor saga
Source: PTI
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